Windsor News & Research Blog - Forex & CFD Market Analysis

The Euro moved higher and retested 1.24 barrier on Thursday, after strong indecision in past two days, signaled by double long-legged Doji. Overall bullish bias remains intact after strong upside rejection above 1.24, as subsequent easing…
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Cable traded within narrow consolidation range in Asia on Thursday, following strong fall in past two days and awaiting the third key release this week, UK retail sales. Pound was hit by weak data in past two days, as downbeat UK wages and…
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The loonie was slightly weaker against US dollar after a batch of data from US and Canada but stays near the highest level in two months. The USDCAD pair posted new marginally lower low at 1.2541 on Tuesday (the lowest since Feb 19) and…
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Gold price remains in red on Tuesday on reduced safe-haven demand as geopolitical tensions over Syria eased, but holds for now above Monday’s low at $1340. Rising 10SMA (currently at $1338) reinforces support zone, where dips should be…
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Pullback from new over three-year high at $67.74 found temporary footstep just ahead of $66.00 round-figure support and consolidating on Tuesday after suffering heavy losses previous day. Near-term focus is still shifted to the downside as…
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The Aussie dollar ticked higher on Tuesday, but lacking strength to retest pivots at 0.7811/13 (Fibo 61.8% of 0.7916/0.7642 / 200SMA) which were tested on Friday’s short-lived spike to 0.7810. Today’s action was capped by 100SMA (0.7789)…
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The pair stands at the back foot on Tuesday and extends pullback from new recovery high at 107.77, to probe below key support at 107.07 (daily cloud base). Monday’s close in red completed reversal pattern on daily chart, with close below…
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The Euro probes above 1.24 barrier on Tuesday and hit new three-week highs in extension of bull-leg from 1.2299 (12 Apr trough). Bullish signal was generated on Monday’s close above 1.2377 pivot (Fibo 61.8% of 1.2476/1.2215 descend) and…
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Cable continues to trend higher and hit new post-Brexit recovery high at 1.4369 on Tuesday as extension of Monday’s strong rally broke above previous 2018 high at 1.2344 (25 Jan). Pound remains supported on rising expectations of BoE’s…
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The pair started to gain traction on Monday and bounced to 4.1175 after pullback from new record high at 4.1932 (11 Apr) found footstep at 4.0720, just above rising 10SMA, which currently lies at 4.0693. Overall bullish structure is…
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